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Sixth Circuit Rules on Breach Insurance Coverage

PRIVACY LAW—U.S.

August 24, 2012

Business Insurance reports on a federal appellate court’s ruling this week that the DSW Shoe Warehouse was entitled to insurance coverage for losses related to a 2005 data breach. “The Sixth U.S. Circuit Court of Appeals in Cincinnati in Retail Ventures Inc. et. al. v. National Union Fire Insurance Co. of Pittsburgh Pa., upheld a lower court’s ruling that the retailer was entitled to coverage under a computer fraud rider to a ‘blanket crime policy’ for its losses,” the report states. The insurer had asserted that the loss the retailer suffered had not resulted directly from the theft of customer information, according to the report. (Registration may be required to access this article.)
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